“The shareholder is also under pressure to ensure that we meet as many requirements and obligations as possible. However, we’re taking it one step at a time and wait for the announcement to be made, if it’s going to be made, as far as SAA is concerned, on Wednesday.”

The state-owned entity is struggling to stay afloat with a debt of R12.7 billion, which the government has guaranteed.

The cash-strapped airline says it is currently exploring turnaround strategies to address its debt crisis, including the possible unbundling of the airline.